Clearly it won’t be Elizabeth Warren. She’s too bright, too much of a threat to the moneyed crowd and…
Wall Street
Stock Market Investors Are Such Precious Little Souls
The world is falling apart from end to end and yet there is hope in the face of a…
Wall Street Against Main Street—Are We Really Going to Do This Again?
Two things are going on at the moment in the economic chaos kickstarted by the worldwide coronavirus pandemic. 1) …
Stock Market Selloff—Not Coronavirus, But the Manufacturing Complex
Coronavirus looks to me like a trigger rather than a cause. Why would that be? For one, a market…
Stock-Market Optimism
Breathtaking news, Wall Street investors are breathless with optimism. The world is going to hell in a breathlessly accelerated…
Just When You Thought the Sub-Prime Mortgage Was Dead
…it’s back, at least in England. An interesting and somewhat frightening article by Rupert Jones appeared in the Guardian today…
The Stock Markets—a Reality Show
A reality show is a genre of television programming that documents unscripted situations and actual occurrences, often featuring a previously…
Drawn and Quartered; the Fate of American Business
For nearly 600 years under English law, one could be ‘drawn and quartered’ for the crime of treason. Yet our…
Chasing the Quarterly-earnings Rabbit
So the news this week is that Meg Whitman, CEO of Hewlett Packard has upped the ante for firing employees…
‘Too Big to Fail’ is all about Sending the Wrong Message
Yesterday’s article about AIG (the insurance giant) being designated a systemically important financial institution (SIFI) kicked off this column,…